The African Continental Free Trade Agreement (AfCFTA) was ratified by the South African Parliament on December 4, 2018.
South Africa Tender and Business News
Africa's mobile phone market growth rate has flattened out, as evidenced by the latest figures just announced by International Data Corporation (IDC), which show the African mobile market went down by 2.1% quarter-on-quarter (QoQ) for Q3 2018.
Tunisia just received €150 million in funding to support development of sanitation for small towns and villages with less than 10,000 inhabitants.
The Arab Bank for Economic Development in Africa (BADEA), based in Khartoum, Sudan, has purchased an equity stake in the Eastern and Southern African Trade and Development Bank.
According to consulting group PwC's just-released annual Africa Oil & Gas Review, the outlook for the continent's oil and gas industry is favorable over the near term. The reason is the industry has been aggressively cost-cutting as price pressures grew tighter.
Danish wind power firm Vestas has received an order from Enel Green Power of Italy for the 148 MW South African Oyster Bay project, representing a major re-start of the entire South African wind market.
An October 25 ruling by the South African Constitutional Court over land mineral rights is about to change the balance of power between mining companies and the people forever.
In a just-published paper, researchers say that areas set aside to protect African lions are failing because of lack of funds.
Impala Platinum announced on October 18 that it was launching a major restructuring of its platinum mining business.
The African Development Bank (AfDB) has approved funding of US $500 million to help fund improvements and expansion of the power grids in both Rwanda and South Africa.
According to a new report from PwC, South African mining companies had a tough economic ride last year, despite the global mining industry in general having improved well over the past year. Unfortunately the mix of precious metals in South Africa's mining "market basket" was a major drag on the industry's performance for the year.
According to a new report by the World Bank in the October 2018 issue of Africa's pulse, sub-Saharan African economies are still struggling after the significant slowdown they suffered in 2015-16.
Africa earned $36.25 billion in revenue from 62.9 million international visitors in 2016. That's dramatically up from only 17.4 million almost three decades ago, in 1990.
South Africa based Rand Merchant Bank's (RMB) latest rankings of the top places to invest in Africa focused on economic activity and the environment to operate. Surprisingly, despite an increasingly repressive government regime, Egypt has still retained the top spot on the continent.
According to South Africa based HTI Consulting, a new Private Investment Law just approved by the National Assembly in Angola should pave the way to increased investment in tourism and the hospitality sectors -- and diversification from a country too dependent on its oil industry.
PricewaterhouseCoopers's (PwC)'s Pietro Calicchio, Leader of the Hospitality and Gambling Industry practice for PwC in South Africa, named the gaming industry as an important contributor to improving economic growth across Africa.
South African petrochemicals firm Sasol has been targeted by its workers union over an allegedly racist scheme for company ownership.
For the first time in over 9 years, South Africa’s trade and industrial activities have gone down for two quarters in a row. This makes it officially in recession.
The African continent’s emphasis on new hydroelectric power could put it in serious trouble as climate change drives temperatures up and dries out waterways.
Greenpeace came out strong in protest for the new draft Integrated Resource Plan for Electricity in South Africa. It's too expensive and an important part of the plan relies on dirty coal for the country's energy future.
In an unusual collaboration of technology and the fashion industry, Siemens of Germany used data from the cities of Lagos, Nairbi, and Johannesburg to weave unique fabrics which tell a story about each industry.
On August 30, South Africa's Deputy Minister of Communications, Ms. Pinky Kekana, will launch a new digital skills program in Limpopo, in partnership with Google.
Amnesty International's new Secretary General is from South Africa. That he comes from there says more than ever how important it is that, as he puts it, "The human rights movement must be bigger, bolder and more inclusive if we are to tackle today's challenges."
Khora Africa Projects Co-Operative Limited, a Tshwane, South Africa-based food and beverage compay which produces fruit jam, chutney, chili sauce and atchaar, is getting support from the South African government to help establish a new market and potential distribution channels for exporting goods and services to Mozambique.
To support planning for building several new harbors in South Africa's Eastern Cape region, the Portfolio Committee on Public Works recently visited the sites where plans are being made to build new facilities in Grosvenor and Port St. Johns. There it heard presentations on the proposed harbors.